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April industrial growth at 1.4% hints recovery But manufacturing continues to drag. New Delhi, June 12 Indian industry has registered a year-on-year growth of 1.43 per cent in ... Employees of SBI associates say no to consolidation Unions call for strike on July 3. New Delhi, June 12 About 50,000 employees and officers of the six associate banks of the State Bank of India are to go on a “protest strike” on July ...

Ideas need to flow: Mr Kr...	MFs want removal of STT, short-term capital gains tax ‘Exclude foreign institutions from participating in divestment process’. Mumbai, June 12 A removal or reduction in the securities transaction tax, short-term capital gains tax and dividend distribution tax tops the wish list of ...

SEBI Board to discuss NSDL issue on June 18
Mumbai, June 12 The controversial NSDL issue is likely to be discussed by the Board of SEBI at its meeting scheduled for June ...

Drug cos alerted on swine flu ‘pandemic’
Mumbai, June 12 Drug companies have been put on the alert, with the World Health Organisation pushing the pandemic button on influenza A (H1N1), commonly known as ...

Maran looks at tax cuts for textile sector
New Delhi, June 12 The Union Minister for Textiles, Mr Dayanidhi Maran, has said that the Government will strive for service tax exemption for the textile ...

Vedanta investing Rs 600 cr in Sesa Goa
Raises Rs 6,000 cr through bonds. Mumbai, June 12 Sesa Goa, which on Thursday announced it was buying the mining assets of the Dempo group for Rs 1,750 crore, will raise Rs 600 crore through a preferential allotment of shares to Vedanta ...

9,200 Satyamites ‘virtual’
It’s sacking by the back door, say staff. Hyderabad, June 12 At one stroke, the full board of Satyam Computer Services converted close to 9,200 employees of the IT company into ‘Virtual’ status. The employee strength ...

Water storage level continues to be critical
39% deficient rainfall leads to lower oilseeds coverage. Chennai, June 12 With monsoon being 39 per cent deficient during June 1-10, the water storage level in the 81 major reservoirs in the country continues to be ...

Tatas, Sikorsky join hands to make chopper cabins
Mumbai, June 12 Tata Advanced Systems (TAS) and US helicopter maker Sikorsky Aircraft Corporation entered into an agreement on Friday to make Sikorsky S-92 helicopter cabins ...

Markets this week (Latest Audio:English/Tamil)
After the relentless rally of past several weeks, the benchmark indices bucked the trend on Monday, taking a cue from weak European markets and lower US index futures, and also squaring off of long positions by few entities recently barred by ...

Switch in outlook favours rain gains for the South
Thiruvananthapuram, June 12 The Tokyo-based Frontier Research Centre for Global Change (FRCGC) has switched its outlook in favour of a ‘weak positive Indian Ocean Dipole’ (IOD) and a ‘strong’ El Nino from June to ...

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